Master Room (HDB) for Rent in 239 Compassvale Walk

The valuation for the HDB 2 Room unit in Sengkang, with a remaining lease of 72 years, has been assessed at an estimated value of $122,506, translating to a price per square foot of $817. This valuation is particularly notable as it reflects a market price that is consistent with the baseline, indicating a stable demand within the local real estate environment. The model confidence for this valuation is categorized as high, based on a robust analysis of 146 recent HDB resale transactions in the vicinity, further reinforcing the reliability of the estimated value.

In the context of Sengkang's residential landscape, the remaining lease of 72 years positions this HDB unit favorably among prospective buyers who are often seeking properties with considerable lease tenures. The stability in market pricing suggests that the HDB segment in this area is resilient, potentially driven by factors such as demographic trends, accessibility to amenities, and overall community development. As HDB properties continue to be a cornerstone of Singapore's housing market, this valuation serves as a significant indicator of both current market conditions and future price expectations in the region.